Investors Buy Large Volume of Call Options on Trump Media & Technology Group (NASDAQ:DJT)

Trump Media & Technology Group Corp. (NASDAQ:DJT) saw some unusual options trading activity on Wednesday. Traders purchased 29,479 call options on the company. This represents an increase of 37% compared to the typical daily volume of 21,524 call options.

Trump Media & Technology Group News Summary

Here are the key news stories impacting Trump Media & Technology Group this week:

• Positive Sentiment: New data-licensing business: Trump Media launched Truth API, a subscription service providing low-latency access to selected Truth Social posts. Management said it had signed more than 10 customer agreements, potentially creating a new revenue stream. Trump Media targets closing TAE merger and signs Truth API deals
• Positive Sentiment: Merger plans remain on track: The company is targeting completion of its proposed merger with fusion-energy firm TAE Technologies in the fourth quarter of 2026. DJT also said it had substantially resolved legacy legal matters, which could reduce future legal expenses. Trump Media second-quarter results
• Neutral Sentiment: Revenue growth was limited in scale: Second-quarter revenue increased 89% year over year to approximately $1.67 million, while the company ended the quarter with about $2.0 billion in total assets and $1.9 billion in financial assets. The balance-sheet resources provide a cushion, but operating revenue remains minimal. Trump Media posts $238 million second-quarter loss
• Negative Sentiment: Large quarterly loss overshadowed growth: DJT reported a second-quarter net loss of $238.1 million, compared with a $20.0 million loss a year earlier. The company also reported a $223.5 million adjusted EBITDA loss, underscoring continued operating weakness. Trump Media quarterly loss widens
• Negative Sentiment: Crypto exposure increased volatility: Most of the loss was tied to unrealized declines in digital assets, digital assets pledged and equity securities. Reports cited roughly $361 million in crypto-related losses, making results highly sensitive to cryptocurrency prices. Trump Media crypto losses
• Negative Sentiment: Fresh legal overhang: President Donald Trump was sued over Truth Social’s sale of advance notifications of his posts. The lawsuit alleges the arrangement is unconstitutional and corrupt, adding reputational and potential litigation risk for DJT. Trump sued over Truth Social advance access sale

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Trump Media & Technology Group in a report on Friday, July 31st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Trump Media & Technology Group has a consensus rating of “Sell”.

Trump Media & Technology Group Trading Down 5.9%

NASDAQ DJT traded down $0.53 during midday trading on Wednesday, hitting $8.38. The company had a trading volume of 4,405,588 shares, compared to its average volume of 4,395,561. The firm has a 50-day moving average price of $8.78 and a 200-day moving average price of $9.58. The company has a market capitalization of $2.32 billion, a PE ratio of -1.71 and a beta of 4.07. Trump Media & Technology Group has a twelve month low of $6.96 and a twelve month high of $18.97.

Institutional Trading of Trump Media & Technology Group

Institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC acquired a new stake in shares of Trump Media & Technology Group during the 1st quarter valued at $940,000. NewEdge Advisors LLC raised its position in Trump Media & Technology Group by 31.9% in the first quarter. NewEdge Advisors LLC now owns 4,957 shares of the company’s stock valued at $97,000 after purchasing an additional 1,200 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Trump Media & Technology Group by 20.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 218,210 shares of the company’s stock valued at $4,264,000 after purchasing an additional 37,367 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Trump Media & Technology Group by 202.6% during the second quarter. Russell Investments Group Ltd. now owns 3,755 shares of the company’s stock worth $68,000 after purchasing an additional 2,514 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of Trump Media & Technology Group by 74.5% in the second quarter. Invesco Ltd. now owns 112,855 shares of the company’s stock valued at $2,036,000 after buying an additional 48,199 shares during the period. 4.29% of the stock is currently owned by institutional investors.

About Trump Media & Technology Group

Trump Media & Technology Group (NASDAQ: DJT) is a U.S.-based digital media and technology company focused on social networking and content distribution. The firm’s flagship offering, Truth Social, is designed as an alternative social media platform with features for user-generated posts, direct messaging and community engagement. In addition to its core social network, TMTG has signaled plans for a subscription-based streaming service and other digital content ventures under the TMTG+ brand, aiming to expand its multimedia footprint.

Founded in October 2021 by former President Donald J.